Each player buys-in and starts with the same number of chips. As and when a player is deprived of all his chips, (s)he is knocked out. Depending upon the position in which the player finishes, he or she is entitled to a cash prize (or no prize in some cases). The prize money in most sit and go tournaments is usually decided, depending upon the number of players that might have registered for the tournaments. Some sit and go tournaments are arranged on the winner takes all pattern and all the cash accumulated via buy-ins is given as prize money to the player who finishes in the first place. The most common venues for Poker tournaments are gambling sites and casinos. Informal tournaments can be arranged at clubs, get-togethers and even at home, among friends. Some hyper-luxurious Poker tournament venues have also been suggested. Cruise Poker venues and Poker venues while flying have also come up and have been found to be pretty popular among some of the richest and the most famous people in the gambling arena.